The capital account balance equals foreign purchases of U.S. assets minus U.S. purchases of foreign assets.
Answer the following statement true (T) or false (F)
True
The capital account balance measures the purchases of American assets by foreigners and American purchases of foreign assets.
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The Board of Governors of the Federal Reserve System does NOT
A) consist of seven members with fourteen-year terms. B) include the presidents of the twelve Federal Reserve Banks. C) utilize a system of rotations so that a position comes open every two years. D) consist of members whose appointments have been approved by the Senate.
An accountant may amortize the expense of a durable good by dividing the total amount spent on the good by the number of years the good is expected to last
An economist may amortize the expense of a durable and never fully account for the total expense. Indicate whether the statement is true or false
How do supply-side advocates respond to critics? How valid is their defense?
What will be an ideal response?
What action did many Japanese car manufacturers take in response to the stronger yen following the 2007-2009 financial crisis?
A) They only accepted payments in the form of yen. B) They chose to target China as the primary market for exports. C) They abandoned the market in the United States. D) They moved their production to the United States.